Litecoin Rebranding with New Logo is expected to Give Positive Turn – Tron Becomes More Appealing

Litecoin is in the green area,
and it has caught up with the position of Stellar. Litecoin has been listed in
the 7th place.

Litecoin’s futures have been launched
in Huobi’s derivative market. The 7th position did not happen all of
a sudden. The Litecoin has been
progressive in its movement. It has been
growing aggressively.

The founder of Litecoin have been
working to push it as the next generation payment option.

Litecoin community has got its
new logo. This they have done in
response to the requests from their community member. The token has been designed in partnership
with The Token Agency. The new design
was first used at UFC232. This new logo is declared to be something that can be
used freely, a typical tradition of the decentralized and open source Litecoin
network. The change in the logo design
is an attempt to evolve the brand.

There is a lot of excitement
revolving around the change in logo.

While major cryptocurrencies have
been making the sideway trips, Tron and Litecoin have been registering some
unusual moves.

The launch of BTT (BitTorrent
Token) has triggered an air of optimism in the market. The BTT is meant to be used to buy downloadable
media on the peer-to-peer network. The
performance of BTT underscored the strong performance of TRX. Tron is becoming very appealing because of
the performance provided by TRX.

While TRON has forever been
accused of having plagiarized White Paper, it is seen that it is increasingly
becoming a point of focus and a project that is more than what it is made fun
about. The company is becoming a serious
performer.

Peer-to-Peer file transfers have
been the point of BitTorrent. However, the process is getting more streamlined
than before. Project Atlas that will take care of the streamlining is under the
leadership of Justin Knoll, the leader of the BTT Protocol.

Downloads are set to be faster
for even those who do not use it with Atlas. Knoll has a strong belief in
Atlas. The best of all the shares will
be incentivized. And therefore more
users are expected to use the platform.
The first airdrop is set to be in mid-February 2019. It is expected that
about 6% of the total BTT will be sold on Binance by January 28, 2019, with
$7.2 million hard cap.

It is the demand from customers
that will ultimately push merchants to integrate cryptocurrencies into their
payment systems. There will be a point
in time when the selling point will call for acceptance of cryptocurrency.

About The Author

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies.